In line with The Woo Group's mission of providing diversified growth driven research, they have begun coverage of one of this year's fast growing stock markets, Argentina. They have hired Luis Bianchi, Diego Miranda, Luciana Campos, and Santiago Peralta to cover a variety of important sectors there.
Over the past twelve months the Argentina Merval Index has climbed 73% and 44% since January, The Woo Group analysts have identified strong choice for investors seeking access to emerging markets. The Woo Group will hire four new analysts to begin coverage of the Merval Index. They will cover the agriculture, manufacturing, services, and real estate and business service sectors. All of the new hires will be based at The Woo Group's headquarters in Hong Kong.
Luis Bianchi is the most experienced of our new hires, having spent 22 years in equity research, will lead the newly formed team. He will cover one of Argentines most important sectors, agriculture which is a major driver of their economy because the sector is largely export orientated. He joins from BBVA, where he spent the majority of his career as a buy side equity trader.
Diego Miranda will cover the manufacturing and industry sectors, which is the largest sector of the Argentine economy, accounting for 19% of the nation's gross domestic product. He will concentrate on the beverages sector as Argentina is one of the top five wine producers in the world. Diego has twelve years of analysis experience, joining from Banco Santander where his last post was in analyzing the Latin American markets.
Luciana Campos will cover services; the sector is the biggest contributor to GDP accounting for 60% of the total. She will focus on the telecommunication sector as it is one of the fastest growing in the country. She will also research the tourism sector which is becoming increasingly important in Argentina. Luciana has over ten years of experience as a sell side trader.
Santiago Peralta is the last of the new hires and will cover the real estate and business services sectors. He has fifteen years of experience joining from Banco de la Nacion Argentina where he was an equity researcher concentrated on domestic Argentine banks.